Bt Share Discussion Threads

[pacemaker1000] 08/6/2018 13:35

I’d like BT to stop sport and sell Global along with every other non essential assets before cutting the divi.
Pity GP didn’t go before before the latest waste management of money on sport rites

[portside1] 08/6/2018 13:30

to much debt to much paid in divs cut the divs or stop the divs and sort out debt and pension that is what the new ceo will do

[diku] 08/6/2018 13:15

GP was probably good in charge of a divisional unit...not the whole of BT...

[pacemaker1000] 08/6/2018 13:15

Pleasing politicians might mean cutting payouts. The company£s free cash flow after spectrum payments and one-offs will be 1 billion pounds below the cost of dividends in 2020, using Morgan Stanley estimates. Luckily, investors are already pricing in a cut. BT£s dividend yield is almost 8 percent compared with around 5 percent for Orange, Telefonica and Deutsche Telekom. BT can achieve a similar metric to its peers by cutting dividends by a third, to 10.34 pence, and give its new boss wiggle room to invest.

[dmf] 08/6/2018 13:12

GP was a 'marketing' man - to me he seemed just focused on spending, did not focus on the core operations of BT - PL expenditure was a total farce.

There needs to be more savings - BT appears 'bloated' no doubt further head count reduction will take place.

Perhaps an IPO will be considered for Openreach - would placate Ofcom.

[montyhedge] 08/6/2018 13:07

They will not cut dividend, big boys would be outraged. Won't increase it for two years.Come on DT get ready for a bid. All the stars are falling in line.http://www.capacitymedia.com/Article/3790075/Deutsche-Telekom-CEO-says-BT-attractive-a-year-before-embargo-on-bid-expires

[diku] 08/6/2018 12:55

By cutting the divi market would see it as commander in charge values money how it is spent...

[andycapp1] 08/6/2018 12:53

But I’d add cutting probably won’t matter. It’s the discount to intrinsic value that irks.

[andycapp1] 08/6/2018 12:52

I’m afraid Monty I think they will cut. City wants it degeared either by boosting free cash else breaking it apart. Absent something v radical they will cut.

[andycapp1] 08/6/2018 12:39

Erm no she was offered double her salary at SVT! And I’m sure the new chairman couldn’t give a damn about her previous remarks. This needs a strong hand at the tiller and she has done well at SVT as measured by premium to RAB and thus share price performance.

[1liam] 08/6/2018 12:34

I will continue to watch the postings with interest.

[1liam] 08/6/2018 12:31

I dont think Liv Garfield would be allowed back after make the comment that employee's with EINs starting with 803...... Are a cancer to the company. This was one of the reason's she was asked to leave.

[andycapp1] 08/6/2018 12:12

With the greatest respect that comment means little from a finance gopher. Looks like Liv Garfield is city favourite where she did good SVT job and is ex Openreach. There is value here but it needs bold thinking. Maybe Liv is the lady?

[montyhedge] 08/6/2018 12:10

Oh really, I'm not the only one who thinks it. To me everything is falling into place for when the embargo ends.http://www.capacitymedia.com/Article/3790075/Deutsche-Telekom-CEO-says-BT-attractive-a-year-before-embargo-on-bid-expires

[1liam] 08/6/2018 12:05

I worked for BT for over 20 years within Finance and HR reporting to Gavin's senior management team. If you think DK will take over BT and the share price will now somehow recover £3.50+ because Gavin is leaving I'm afraid your badly mistaken. And yes I am a share holder with many a BT sharesave to my name but Gavin leaving is not going to have the impact your hoping for. Sadly it may have opposite.

[montyhedge] 08/6/2018 12:02

Should be 215p after Sunday press comments, bears will be short and caught.

[montyhedge] 08/6/2018 12:00

No need to cut dividend and they won't, they won't increase for two years but won't cut.Anyway in two years I'm sure will be BD Telecom. Funny enough the last set of results were ok.It's the shareprice performance that Gavin had to fall on his sword.

[diku] 08/6/2018 11:54

I have one question for GP...why he didn't cut the divi during recent results when he had the chance?...was it ego or just buying time hoping for the best...

[action] 08/6/2018 11:37

Bear are in control all along . Sale on the news is true for BT with my last two sales.

[careful] 08/6/2018 11:23

They will be ruthless in dumping unwanted stuff from now on.
..but the dividend will be trimmed lower.
Reduce headcount and costs, trim divi, invest in strong parts of business.

Remember, Warren Buffett never pays a divi. He will make it grow, you will waste it.

[pacemaker1000] 08/6/2018 11:16

Dump Sport and Global and raise the Divi!

[careful] 08/6/2018 11:14

On the topic of Deutsche talking up BT and saying positive things about them.
As Mandy Rice Davies once said, 'they would say that wouldn't they?'

They are stuck with this 12% holding which has lost them millions.
They look very stupid and are desperate for the BT share price to recover.

If they hint at a deal the BT share price will rise increasing the value of their holding.

On the other hand the low BT share price must tempt them and they are unlikely to sell.
That is if they are not put off by the debt and pension deficit.
Who would wish to take that on?

[careful] 08/6/2018 11:03

I would not build my hopes up about Deutsche.
Maybe they will dump their BT shares and team up with a competitor and take BT on.
There are operators out there who are not burdened with huge pension deficits and other legacy problems.

A balance of fear.
On the one hand they could become a threat, on the other a possible merger.
Leave well alone,

[careful] 08/6/2018 10:56

My guess is that BT will finally exit sports rights.
Most think that has been an expensive failure.

What moron would select BT because of sports rights?
Hard to believe as it will cost them more, someone has to pay.

All of that extra cash could go into fast broadband at keen prices, and that will keep the regulator happy which is very important.

Football, bloody football, do the zombies really care that much.
Are the public really that interested?
Darts, snooker, formula 1, golf viewing figures are well down on peaks.
It becomes one big yawn of oversupply, people stop watching.

I can only watch the biggest golf tournaments now,
and then only when the big stars are involved, Tiger in particular.

Forget sports rights, concentrate on the day job.
Plessis will sort it out.

[montyhedge] 08/6/2018 10:44

It will be BD Telecom when Deutsche do something, 12% stake.